crypto price today: Crypto Price Today: Bitcoin holds $19K; Solana, Polygon, XRP & Uniswap crack up to 3%

New Delhi: Crypto market remained range-bound on Wednesday as Bitcoin continued to hold above the $19,000 throughout early Asian trading hours.

Crypto is locked into a consolidation mode and it will continue to remain there as investors are wary of Fed over-tightening and recession.

Majority of the crypto tokens were trading lower on Wednesday. XRP, Cardano, Solana, Uniswap tumbled 3% each, whereas Ethereum and Shiba Inu dropped 2% each.

The global cryptocurrency market cap was trading mildly lower at $926.42 billion, dropping about a per cent in the last 24 hours. However, the total trading volume jumped more than 7% to $54.30 billion.

Global Updates

Decentraland has been upgraded from a hamlet to a village, according to revised numbers from the data platform DappRadar.
Facebook parent Meta Platforms has joined the MPC Alliance, a nonprofit group focused on cryptographic privacy and security, according to a press release.

Do Kwon, the controversial co-founder of Terraform Labs, the firm behind the Terra blockchain network, has denied claims that he is on the run from law enforcement, despite Interpol issuing a ‘red notice’ for his arrest last month.

Crypto lender Voyager Digital is planning to settle with two top executives over their handling of loans made to crypto hedge fund Three Arrows Capital following an internal probe, according to court filings submitted.

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